India's Cera Sanitaryware rises after Q4 profit growth

About this update from Cera Sanitaryware Limited

** Shares of Cera Sanitaryware Ltd NSE:CERA rise as much as 4.6% to 5,777 rupees ** Shower maker reported a 14.3% y/y rise in Q4 consol net profit to 856.3 mln rupees; rev grew 5.8% y/y** Stock on track to gain for third straight day** More than 181,000 shares traded as of 2:39 p.m. IST, 7.7x their 30-day moving avg; busiest day yet since 6 Aug. 2024** Mean rating of stock is 'buy'; their median PT is 7,400 rupees - data compiled by LSEG** CERA last up 2.9%, cutting YTD losses to 27.2%

View stock analysis, news, and events for Cera Sanitaryware Limited